US Merger Review Revamp Set to Delay Deals by Months (2)

The US antitrust agencies are requiring firms to turn over much more information about their transactions than before in an overhaul to merger rules that could delay deals by months.

The revamp of the so-called Hart-Scott-Rodino filing process, a move by the Justice Department and the Federal Trade Commission to crack down on illegal mergers, could add as much as two to three months to the timetable for deals, according to one estimate.

The agencies say the overhaul, the first in 45 years, will allow them to “more effectively and efficiently screen transactions” for antitrust concerns.

Read the new merger-filing ...